Exclusive

Dripos raises $11M Series A to replace Square, Toast and 8 other pieces of software

Fundraising /

Small coffee shops that relied on foot traffic were thrown for a loop when the global pandemic kept people in their homes. That’s when many coffee shop owners turned to technology to help them take online orders and payments. Startups were also eager to help these businesses stay safely in business — and venture capital […]

Dripos raises $11M Series A to replace Square, Toast and 8 other pieces of software Read More »

Seed-stage firm Eniac Ventures raises $220M across two funds

Fundraising /

Eniac Ventures has closed two funds totaling $220 million, the seed-stage firm shared exclusively with TechCrunch. New York-based Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments in portfolio companies, and $160 million for Eniac VI. The firm has made 11 investments out of Select 1, which actually closed

Seed-stage firm Eniac Ventures raises $220M across two funds Read More »

Former Magic Leapers launch a platform for AR experiences

Fundraising /

When Trace’s future co-founders Greg Tran, Martin Smith and Sean Couture joined Magic Leap in spring/summer of 2015, it was about as hot as startups come. After years of secrecy, the augmented reality company captured Silicon Valley’s imagination with in-device footage, before capping the year with an $827 million raise. The story of the intervening

Former Magic Leapers launch a platform for AR experiences Read More »

Framework’s repairability philosophy is set to expand beyond the laptop

Hardware /

Framework Computer was ahead of the curve. The company was founded in 2019, as 20 U.S. states began exploring potential right to repair bills. It delivered its first product, the Framework 13, in 2021, a year before New York enacted its landmark (if flawed) Digital Fair Repair Act. Today, the company sells its repairable laptops

Framework’s repairability philosophy is set to expand beyond the laptop Read More »

Building owners are often in the dark about their carbon pollution — a new algorithm could shed light on it

Climate /

Starting this year, thousands of buildings in New York City will have to start reducing their carbon emissions. But before that happens, owners need to understand how much pollution they are generating. Electricity alone makes up 60% of the total energy use in commercial buildings, according to the U.S. Energy Information Administration. There are plenty

Building owners are often in the dark about their carbon pollution — a new algorithm could shed light on it Read More »

Magnus Metal wants to revamp the 4,000-year-old way metal parts are made

Climate /

Humans have cast metal parts in basically the same way for thousands of years: by pouring molten metal into a mold, often made of compacted sand and clay. There’s a reason this ancient method is used today: Sand casting is inexpensive and works well with both ferrous, or iron-based, and nonferrous metals. But there is

Magnus Metal wants to revamp the 4,000-year-old way metal parts are made Read More »

Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation

Fintech /

Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. Other existing investors Thrive Capital, General Catalyst, Sands Capital,

Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation Read More »

How Found Energy went from ‘self-cannibalizing robots’ to cleaning up heavy industry

Climate /

Found Energy doesn’t have the typical startup origin story: It began with a space robot that was supposed to eat itself. Now, the company is developing that same technology with an eye toward powering aluminum smelters and long-haul shipping. Nearly a decade ago, Peter Godart, Found Energy’s co-founder and CEO, was a scientist at NASA’s

How Found Energy went from ‘self-cannibalizing robots’ to cleaning up heavy industry Read More »

Kode Labs makes a bid to become the Salesforce of commercial building automation

Climate /

Like many immigrants, the New York City skyline was one of the first sights young brothers Edi and Etrit Demaj took in when they arrived in the U.S. more than 20 years ago. The pair, along with their family, had fled violence in their native Kosovo, and they still remember the view as their plane

Kode Labs makes a bid to become the Salesforce of commercial building automation Read More »

Hinge Health, a virtual physical therapist, lays off 10% of its workforce

Biotech & Health /

Hinge Health, a nine-year-old company that offers a digital solution to treat chronic musculoskeletal (MSK) conditions, cut approximately 10% of its workforce on Thursday, TechCrunch has exclusively learned. The company said people who were laid off worked across various functions; according to employees posting on LinkedIn, some were engineers. Before the layoffs, Hinge had more

Hinge Health, a virtual physical therapist, lays off 10% of its workforce Read More »